Bought shares at 3,000 and brokerage paid 60
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Hey..
___
Your answer is here____
♣✨✨➡ When we bought shares ___
Then its journal entry - - - -
Shares a/c dr 3,000
To Cash a/c 3,000
( being cash purchase on cash )
___________________________
✨✨♣♣♨♨When brokerage paid
Then journal entry - - -
______ Brokerage of shares a/c dr 60
___________ To Cash a/c 60
( being cash paid on brokerage of shares )
HOPE U UNDERSTAND IT _______♨♣♣✨✨✨✨
___
Your answer is here____
♣✨✨➡ When we bought shares ___
Then its journal entry - - - -
Shares a/c dr 3,000
To Cash a/c 3,000
( being cash purchase on cash )
___________________________
✨✨♣♣♨♨When brokerage paid
Then journal entry - - -
______ Brokerage of shares a/c dr 60
___________ To Cash a/c 60
( being cash paid on brokerage of shares )
HOPE U UNDERSTAND IT _______♨♣♣✨✨✨✨
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